SBI 1111-Day Special FD vs Central Bank of India Green Deposit 1111-Day FD: Which will provide higher return on Rs 5 lakh at maturity?

SBI 1111 Days FD vs Central Bank of India 1111 Days FD: Did you know some banks offer special FD schemes with higher interest rates than regular FDs? Two popular options are the SBI 1111 Days FD and the Central Bank of India 1111 Days FD. These FDs have a tenure of 1111 days (approximately 3 years and 1 month) and offer attractive returns. Know details -

Priya Vishwakarma | Feb 20, 2025, 06:52 PM IST

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SBI 1111 Days FD vs Central Bank of India 1111 Days FD: Are you considering a safe investment that guarantees returns? If yes, then a Fixed Deposit (FD) can be a good option. FDs are non-market-linked investments offered by banks and small banks, allowing individuals to invest a lump sum for a fixed period. The interest rates on FDs can vary from one bank to another.

But did you know some banks offer special FD schemes with higher interest rates than regular FDs? Two popular options are the SBI 1111 Days FD and the Central Bank of India 1111 Days FD. These FDs have a tenure of 1111 days (approximately 3 years and 1 month) and offer attractive returns.

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SBI 1111 Days FD vs Central Bank of India 1111 Days FD

In this write-up, we’ll compare the SBI 1111 Days FD and the Central Bank of India 1111 Days FD, look at the interest rates they offer to general citizens and senior citizens, and calculate the maturity amounts for an investment of Rs 5 lakh in each.

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What is SBI 1111 Days FD?

The SBI 1111 Days FD is a special fixed deposit scheme offered by the State Bank of India with a tenure of 1111 days (approximately 3 years and 1 month).

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SBI 1111 Days FD Interest Rates:

- General Citizens: 6.65 per cent
- Senior Citizens: 7.15 per cent

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SBI 1111 Days FD: Maturity Amount for Rs 5 Lakh Investment for general citizens

- Interest: Rs 1,11,160
- Maturity Amount: Rs 6,11,160

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SBI 1111 Days FD: Maturity Amount for Rs 5 Lakh Investment for senior citizens

- Interest: Rs 1,20,372
- Maturity Amount: Rs 6,20,372

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What is Central Bank of India 1111 Days FD?

The Central Bank of India 1111 Days FD is a special Green Deposit scheme with a tenure of 1111 days (approximately 3 years and 1 month).

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Central Bank of India 1111 Days FD Interest Rates:

- General Citizens: 7.50 per cent
- Senior Citizens: 8.00 per cent

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Central Bank of India 1111 Days FD: Maturity amount for Rs 5 lakh investment for general citizens

- Interest: Rs 1,26,896
- Maturity Amount: Rs 6,26,896

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Central Bank of India 1111 Days FD: Maturity amount for Rs 5 lakh investment for Senior Citizens

- Interest: Rs 1,36,326
- Maturity Amount: Rs 6,36,326

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